Calculate the mean absolute deviation

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Reference no: EM131257037

Daily high temperatures in St. Louis for the last week were as follows: 93, 94, 93, 95, 96, 88, 90 (yesterday).

a) Forecast the high temperature today, using a 3-day moving average.

b) Forecast the high temperature today, using a 2-day moving average.

c) Calculate the mean absolute deviation based on a 2-day moving average.

d) Compute the mean squared error for the 2-day moving average.

e) Calculate the mean absolute percent error for the 2-day moving average.

Reference no: EM131257037

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